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's buffett's. he can do that two ways. he can get john boehner to capitulate or he can say the hell with it, let's go off the fiscal cliff and blame the republicans. >> if he had had the top two percent pay in just a little bit more of their fair share, that would fund the government for only 8. 5 daition. it's not realistic. >> no. it's rubbish, all this. that so called buffett tax, if you implement that on warren buffett and all his pals, it will pay off obama's 2011 deficit in the year 2520 circumstance, in 514 years time, and then we'll need the next half millenium to pay off his 2012 deficit. >> i think the republicans were sent there with a mandate as well as president. obviously the american people voted for the status quo. they voted for divided government. here's the question i have. i would no want them to think os and grand hides and the slem hammer we're robbing them with. if obama wants to take the country off the fiscal cliff, they need to go there. they seem afraid of that. do you see that. >> it's clear from the election that the majority of americans essentially voted for
is going to give and what his client's not going to give. we all know john boehner. john boehner's a deal maker. i didn't -- i liked him personally, but i never trusted him in congress because, you know, he liked making deals. that's what we need right now. the president can only push him so far. or he loses his caucus. and this is not about john boehner kicking and screaming. this is about him knowing what he can deliver. >> i understand that. john boehner has, and eric cantor and a paul ryan problem, he's got to keep them on board as his key guys. he can only go so far. i would guess that they're the ones holding the pen when he wrote, "i will not raise rates" in that letter he sent to president obama. but the problem is, we can agree or disagree with the president's position. i honestly take the president at his word. i do not believe there will be a deal here without some increase in tax rates for the top 2%. it doesn't have to be all of it, but some of it. i think the president has changed his tune a bit from the way he's handled some of these other negotiations. and take everything
a preview about that interview. hard to believe he has both tim geithner and john boehner. from the looks of it, john boehner does seem to be flabbergasted. we'll get to that shortly. >> eric: that is on "fox news sunday." later today, exclusive interview with speaker boehner. sunday at 2:00 p.m. and 6:00 p.m. right here on the fox news channel. >> jamie: well, there is a push by the senate republican leader mitch mcconnell as well to put medicare and social security on the table to try and the budget crisis we're talking about. mcconnell telling the "wall street journal" that those are the kind of things that would get republicans interested in new revenue. maybe bipartisan. john fund, a columnist for the "national review magazine." good morning. >> good morning. >> jamie: great to have you here this morning. >> thanks. >> jamie: we have less than a month left as we have been talking about went're now in december for the fiscal cliff. what truly is on the table where both democrats and republicans are concerned? do you see anything they agree on? >> we have four weeks to go and so far th
the republicans leaders like speaker of the house john boehner were able to put off making a counter proposal to the president's offer until today. crossing the red line on the talks by rejecting the demind that the republicans accept a hike in the marginal tax rate for those with income over a quarter million dollars a year. my view? obviously i agree with the white house on the substance and as i have said before, their hand gets stronger over time. but sometimes a new idea can change the dynamic. here is an idea that has been around for a long time, supported by james tobin way back and pushed by ralph nadar in a "washington post" op-ed this weekend. impose a tax on financial transactions. it will give us up to $100 billion a year, fail on a sector that has generateed enormous unwarranted profits for very few but benefited from huge bailouts the regulatory help but by and large escaped responsibility for their role in the financial cataclysm we're still struggling with. with me, dan gross author of "better, strong, faster." and brian beutler and eric bates. what's your take on this? how se
and speaker john boehner explained, as only he could do, what is the tree is all about. >> we will bring lights to the tree that flourishes as a symbol of everlasting life. this tree will bring light to us, opening our hearts a little more than to the needs of our neighbors. >> that's terrible. >> who need life. >> one sentence, he can't get it out. >> surely such as in america with their books and such as in iran iraq and afghanistan. in as. >> maybe they couldn't get the teleprompter up that high. >> i thought it was weird when they said, okay, it's now time to light the tree and he flicked a cigarette butt on it. whoops. sorry. >> actually, he had help lighting the tree from an eagle scout. so here are the two of them doing job here. >> 3, 2, 1. scholte [crowd cheers. cadillac. >> i am upset he couldn't sing. i wanted to hear john boehner. >> he is a plant in the war on christmas. i look for it everywhere now. i have to. when you are at war? it's everywhere. you have to keep your eyes out. >> did he call it a holiday tree or christmas tree sne. >>
to answer to a lot of conservatives in the caucus, are you, that is more of a john boehner, i'm doing everything i can to prop you up just like the president of the united states, when it was bill clinton, actually had to prop up newt gingrich because he knew dick armey was next. >> and tip o'neill and ronald reagan. the great news about this, if you really think about it, the fact that they're both publicly saying okay, now it's mano a mano, as you would say. if it doesn't work, well, then those are the fall guys. so if you really kind of think about it, they're not going to set themselves up this way, if in some way, shape or form they both don't believe it's going to get done. this way they both look like the hero. they would have been doing a lot more behind the scenes. okay, the two big dogs go in the room together tells me it's going to get done. >> and it tells me also that yesterday "the new york times" story, mark, was deadly accurate when "the times" reported, the top of the paper on a1 that john boehner was more powerful. you never, if you're speaker of the house, say clear
closer, to avoid the massive tax increases and budget cuts? not according to house speaker john boehner. >> right now i would say we're nowhere. period. we're nowhere. >> the only thing standing in the way of that would be a refusal by republicans to accept the rates that are going to have to go up on wealthiest americans. i don't really see them doing that. >> nbc news white house correspondent, mike viquiera joining me now. treasury secretary timothy geithner, president obama's point man in these fiscal cliff negotiations, ran the gauntlet this morning. he appeared on all five sunday talk shows, including "meet the press" of course, what else did he say? >> craig, you know if we're in the posturing stage and a lot of people think we're still in the posturing stage with, 29 or 30 days to go. we better hope that they're just posturing, because after the period of optimism, the post-election talk of compromise, you remember john boehner came out the day after the election, the president spoke about compromise as well. they're as far apart as they ever have been and the clock is ticking.
and house speaker john boehner where talks to end the fiscal showdown ends. the president for his park took his place for the public and called for america and little cuts to entitlement spending something the speaker says must be part of any final deal. wall street journal columnist and dan henninger, and mary an anna-- anastasia o'grady and kim strassel. you've been talking it it sources and is the mood as hour as it sounds. >> it is by the end of this week and here is why, the republicans came out right after the election and said to the president, you want revenue here. you want revenue on the wealthy, we'll give it to you, limiting tax deductions for the wealthy. the president instead of taking that and running with tceiling a deal has been campaigning for tax hikes and to cap it off sent treasury secretary tim geithner to congress with this outrageous proposal as basically a compilation of everything that the president wanted in his budget and beyond what he even campaigned for. as a result i think most republicans wonder how serious he is about doing this. they feel things are going
and john boehner did the gangnam style, your approval ratings might go up. "outfront" tonight, tom mcclintock of the budget committee. thank you for taking the time. we just showed a lot of your colleagues going home on a wednesday night after working a three-day week. obviously, that's an image that frustrates so many americans. why are people going home before getting this done? >> well, unfortunately, we're not using the standard process where the house passes its version, the is that the passes its version, then a conference committee is very good in revolving impasses like this between the two houses. unfortunately, none of that's being used and i think that's one of the reasons why these things are blocking down now so regularly. we've abandoned a process that works very well when we use it. >> john boehner presented a plan to the president and in that plan, he put $800 billion in revenue from the wealthy on the table. he said he would close loopholes and those people would pay more money. you were a member of the tea party caucus and some in your caucus have slammed boehner's p
and in particular if you look at the red lines that are being proposed by john boehner and president obama, if you look at these very closely, a deal is beginning to take shape. watch this. you remember during the presidential campaign what president obama used to say over and over again about tax rates? about what his plan was for tax rates? president obama was crystal clear about what e he wanted. >> i have said that for incomes over $250,000 a year that we should go. back to the rates that we had when bill clinton was president. >> i want to reform the tax codes so that it's fair. the same rate we had when bill clinton was president. >> we have to ask you and me and the wealthiest among us to go back to the clinton rates for income above $250,000. >> the clinton tax rates, we need to go back. that's not a generic policy idea. that's really specific. the clinton tax rate for high income earners was 39.6%. that's what president obama was calling for during the campaign. that's still what president obama is calling for now. but now when you ask him if that's the red line, if it you ask if he will
, no one's going to remember john boehner's name, no one's going to remember harry reid's name, no one's going to believe 20 seconds from now that john boehner and harry reid were the architects of any deal or any failure. when does the president realize that he is sitting in the chair of thomas jefferson, of abraham lincoln, of woodrow wilson, t.r., fdr, jfk, ronald reagan. when does he realize that and step up and start doing what abraham lincoln did? >> yeah. >> and buy them off, charm them off, beat them up. >> build a bridge to nowhere. >> build a bridge. when is he going to do that? >> you know, what puzzles me about this is that he knows all that lincoln history. he didn't need to go to the movie to learn that's how lincoln operated. >> and he loved to cast himself as a new lincoln. but his inability to work with democrats and republicans -- listen friends at home watching, not just republicans, democrats and republicans, you have to go back to jimmy carter to find a president that was viewed with as much suspicion by his own party on the hill. >> his own party. >> -- as barack
with ourselves. >> john boehner made a point at expressing dismay the president hasn't responded two days after the republicans sent him a fiscal cliff counteroffer. >> if the president doesn't agree with our proposal and our outline, i think he's got an obligation to send one to the congress. and a plan that can pass both chambers of congress. >> by trying to keep gop frustration on the president, boehner appears to be keeping conservative lawmakers off his own back for now. >> what's mood inside the conference. >> very united, very supportive with the speaker. >> multiple sources tell cnn in a private meeting with house republicans, boehner got no flow back for producing $800 billion in tax revenue, despite backlash from conservative groups outside congress. >> any complaints about this new revenue? >> i didn't hear anything. >> the speaker has full support of the conference to move forward and get something done for the american people. >> so far, rank and time republicans are allowing boehner to play out this showdown, trying to look reasonable while the president is intransigent. especiall
: i know but they are going to have to do that. also, john boehner -- this proposal has $160 billion less than he offered before the election and also raises the money taken out of medicare and medicaid by $62 billion. how democrats or anybody could except that -- could accept that. the average folks here in america do not want to pay their fair share. they cannot argue the point that everybody has to give a little bit more to help us eliminate some of this debt and keep the country going in a positive direction. host: did you see the reaction from harry reid? caller: [laughter] host: let me read a portion of that. that is what the democratic leader in the senate had to say about yesterday's counterproposal put out by house republicans. we noted in this letter sent to the white house from the speaker also includes the signatures of paul ryan as well as eric cantor and the rest of his leadership team seems to be on board. here is the chairman of the republican study committee's statement. so here are the opening offers in "the washington post." time." there is the side-by-side in the
to believe it. instead of john boehner, his name is b-o-e-h-n-e-r-- pronounced it right. >> his name is john boehner. it is how we pronounced it. some news from overseas, this is from the bbc. hugo chavez and need of cancer surgery. he only returned to cuba on friday. tests had detected more cancerous cells. there is this from the associated press. the south african president visited nelson mandela who is a in the president. -- who is a dental the hospital. he was admitted to a military hospital. he found the frail 94-year-old to be comfortable and in good care. we will turn our attention to the issue that has dominated our discussion since the election. we will continue to do so over the next few weeks. the president reject talks continue on the phone on the fiscal cliffs. what is happening behind the scenes? as next. we will have our sunday round table. all weekend long on but tv and american history to be, we are featuring the literary life of albany, new york, the capital of the new york state. we will feature all of the history programming our producers gathered there. here is a portion
over. bill: reports that talks are stalled, dead in the water. house speaker john boehner says he's flabbergasted by the white house offer. >> this isn't about democrats and republicans. this business our country. we need to get serious about our deficit and debt that are burying our children's future. [ man ] ring ring... progresso this reduced sodium soup says it mahelp lower cholesterol, how does it work? you just he to eat it as part of your heart healthy diet. step 1. eat the soup. all those veggies and beans, that's what may help lower your cholesterol and -- well that's easy [ male announcer ] progresso. you gotta taste this soup. martha: we have brand-new details on the deadly bus crash that happened in florida. police say the bus driver was confused and lost when he chose the wrong route coming out of miami airport. the top of the bus crumpled after the crash and killed two passengers. it had 32 jehovah's church members on board, they were heading to a conference. bill: if you wash watching "fox news sunday" john boehner described his reaction when the president presented
for his analysis on that. martha: the fiscal cliff, president obama and house speaker john boehner set to have a face-to-face meeting, one-on-one. we're waiting to hear from speaker boehner in just about 50 minutes away now. we'll bring you that live. bill: also, it has been 40 years, four full decades since the last man stepped on the moon. that was an american. his name is gene cernan. we'll talk to hem this hour. the last person to see the moon's craters up close and personal. >> ♪ i was stroeling on the moon one day, in a merry, merry of month of -- december. >> may, may. ♪ much to my surprise a pair of eyes, -- >> this is a neat way to travel. [ female announcer ] food, meet flavor. flavor, meet food. it's time for swanson flavor boost. concentrated broth in easy to use packets. mix it into skillet dishes, for an instant dose of... hell-o! [ female announcer ] get recipes at flavorboost.com. bill: we now have a verdict for a bus driver on trial for manslaughter. it will be revealed this morning although the verdict was reached yesterday because a juror had to leave the courtho
. >>> john boehner says he wants to negotiate directly with president obama. he has asked that senate leaders and house minority leader nancy pelosi be excluded from future talks. >>> well, the closely-watched monthly unemployment report released this morning was better than expected. the economy added 146,000 jobs in november and the unemployment rate fell to a four-year low of 7.7%. coming up at 7:15, how this morning's job report impacts thefully negotiation -- impacts the fiscal cliff negotiation. >>> a youth group visiting florida got robbed. the group made of you of 24 teenagers and said they were eating in a restaurant in fort lauderdale, florida about an hour after they arrived for a weekend youth conference. they say thieves stole $12,000 cash. one member of the group was able to have money wired to them. so they were able to spend last night in a hotel. we have no word yet if that group will return to oakland today. >>> funeral services will be held this weekend for two teenaged girs shot to death in oakland last month. funeral services will be held for ra chef at cooper's -- raquel
. that's what house speaker john boehner told fellow republicans during a weekly meeting, signaling he will push back on president obama's demand for tax hikes on the rich when it comes to the fiscal cliff. but treasury secretary timothy geithner says the white house will not give in. >> no prospect to an agreement that doesn't involve those rates going up on the top 2% of the wealthiest americans. remember it's only 2%. >> geithner adds the obama administration is, quote, absolutely prepared to go off the cliff, if necessary. joining me now is van jones, cnn contributor and former obama administration official. good morning. >> god morning to you. >> so, van, i guess my first question that's eatsy for geithner to say, we're perfectly willing to go off the fiscal cliff. that means a tax hike on middle class americans and maybe some of them are thinking this morning i'm not really so happy geithner said that. >> it might have been inartful for him to say it the way he said it. i think he is making a very important point, which is that the american people did vote. they voted for the one
stalemated over how to avoid automatic tax hikes and spending cuts, come january. house speaker john boehner did speak by phone to president obama this week, and it was widely reported the two have agreed to negotiate directly with each other. but boehner said today, "there's no progress to report." >> four days ago, we offered a serious proposal based on testimony of president clinton's former chief of staff. since then there's been no counteroffer from the white house. instead, reports indicate that the president has adopted a deliberate strategy to slow-walk our economy right to the edge of the fiscal cliff. >> sreenivasan: the president has insisted there will be no deal unless republicans agree to raise tax rates on the top 2%. republicans say the tax hikes would only hurt job creation. but in arlington, virginia, vice president biden said today's jobs report shows the economy is turning a corner, so it's critical to get a deal. >> there is a sense... there is a sense that if we can reach an- - act like adults and reach an agreement here on the fiscal cliff, the upside is much higher e
speaker john boehner says they will review the request by the president. new york and new jersey originally asked for a combined $79 billion in aide. the states' governors say they are grateful for any help. >>> the supreme court taking up the controversial issue of gay marriage. the high court agreed to hear two important cases, prop 8 out of california and doma out of new york. a federal court recently overturned prop 8 after the measure passed by voters. the court will decide if doma violates the fifth amendment of equal protection under the law that applies to same-section couples legally married in other states. >>> today is a very happy day for same-section couples in washington state. it is the first day they can marry under the new law, legalizing gay marriage. couples began lining up for licenses early thursday morning. some courthouses opened up at midnight for the ceremonies to take place. several local judges also donated their time to marry the couples. ceremonies are expected all day today. >>> last week, washington state became the latest state to legalize marijuan
but not a lot. >> reporter: that's right. the speaker of the house john boehner made a point today to say there is not much time between election day and the end of the year. he thinks the white house has already wasted weeks because he does not think the proposal to avoid a fiscal cliff is serious one. negotiations here are nowhere. another republican, senator lindsey graham thinks he thinks things are heading down hill. >> i think we are going over the cliff. it's clear to me they made a political calculation. the offer doesn't deal with the entitlement reform to save the medicare and medicaid and social security from imminent bankruptcy. it raises $1.6 trillion on job creators to destroy the economy. no spending controls. >> reporter: treasuresy secretary tim geithner advocated for clinton era tax rates and wants top earns to pay 39.6%. he said when that was the rate in the '90s there was was good economic growth and strong private investment. said republicans would rather raise revenue closing the loophole and limiting deduction need the time to realize that might not bring in enough
john boehner rejected it. he was flabbergasted by some of the proposals. we're at a standstill right now. until the white house comes back and puts out another plan, they probably don't want to do that or republicans come back with a response and more details about what kind of savings they would like to have a in a future proposal. i think congressional republicans are waiting to see if they can come back to the table with a plan they liked a little more. perhaps one with more details on what kind of cuts would come to these entitlement programs. >> i'm curious about this. this is a man who has never run for office. why does the gop let mim speak for them? >> you know, you're starting to see his coalition crack. you have seen senators come out. senator corker who was on "meet the press" today. he has come out and said i'm not going to abide by the norquist pledge. you're seeing it start to crack. sure, he still has a lot of weight over the republican party, but you're seeing that is beginning to change. it looks like taxes are going to go up. republicans know this. if they do get a
tantaros, watch out. you're being snookered. >> and pushing republicans towards tax increases and john boehner said we're up for revenue-- >> as several have pointed out the democrats won the election and that means that there are consequences and financial consequences that flow from that, and if the president wants 1 trillion 600 billion dollars worth of new revenue which the wall street journal was one of those to point out in the editorial he's entitled to get it at least what the democrats think and therefore, the republicans are on the defense. >> worth pointing out though that the republicans still won those, the majority in the house so they won an election, too, and the president, what strikes me as odd, the president campaigned on the tax increase proposal for the highest, you know, the highest couple of percentage of american taxpayers, that would raise, as i understand it, about 850 billion dollars, but he comes out with this proposal that's twice that so he's doubled down on the tax increase that he has. >> he has the upper hand which i actually think he does have the uppe
of the miscall cliff is coming. house speaker john boehner in an exclusive interview with "fox news sunday" saying, "we're nowhere" in fiscal cliff talks with democrats. treasury secretary tim geithner saying and telling chris wallace republicans must accept the tax hikes for the wealthy to reach a deal. a deal is what we are after. peter doocy live in washington with more. peter, tell us first, speaker boehner -- the big problem right now with the white house proposal that was just presented. >> jamie, speaker boehner says he was flabbergasted when the treasury secretary geithner came to capitol hill and told him what the president wants. and this is why. >> the president is asking for $1.6 trillion worth of new revenue in ten years. twice as much as he has been asking for in public. he had stimulus spending in here that exceeded the amount of new cuts he was willing to consider. it was not a serious offer. >> reporter: secretary geithner says the white house $4 trillion plan has 2 to 1 ratio of cuts to spending increases. but everything we heard from speaker boehner suggests the $1.6 tri
" next, john boehner says the president is slow walking to the edge of the fiscal cliff. but the house speaker did give us one flash of hope if you listen to his words very carefully. the u.s. is updating its military plans against syria as new intelligence shows assad's regime is loading sarin gas into bombs. and president obama's pot problem. let's go "outfront." >>> i'm tom foreman in for erin burnett. "outfront" tonight, the magic number after a whole week of harsh words here in washington and threats too, did house speaker john boehner hint ever so slightly at a compromise today that could finally edge us away from the dreaded fiscal cliff? it comes down to tax rates. this is a huge sticking point in the stalled negotiations between the president and mr. boehner. obama says the top rate on household income above $250,000 should rise from 35% to 39.6%. boehner wants the rate to stay at 35% or even lower. but what about meeting in the middle? around 37%? listen carefully to the speaker when he was asked today whether that rate could be the answer to this impasse. >> there are a lot
, according to the republicans, unserious, it flabbergasted the speaker of the house, john boehner. though tim geithner went out yesterday and said, that plan that we're pushing? it's a good one. here he is. >> we think that's a very good set of proposals. we think that's what's good fort economy. if they've got different suggestions, they want to go further in some areas, they should lay it out to us. >> i think we're going over the cliff. it's pretty clear to me they've made a political calculation. this offer doesn't remotely deal with entitlement reform in a we to save medicare and medicaid and social security from imminent bankruptcy. it raises $1.6 trillion on job creators that will destroy the economy and there are no spending controls. i'm serious about revenue. you can limit deductions to 40 or $50,000 a person, which takes care of the middle class, upper income americans will lose their deductions and raise about 800 billion dollars in revenue. but i'll only do that if we do entitlement reform and the president's plan, when it comes to entitlement reform is just quite frankly, a joke
in additional spending, what part of this plan is a balanced or bipartisan approach? >> i bet john boehner things the grand bargain was good deal last year. the chicken question is john boehner having to blink. president was able to get $1.6 trillion because it's coming from the increase on wealthy americans. we don't want 98% of americans tax rates to go up in the name of saving tax rates for the wealthy. so that is going to increase on wealthy americans, 60% of americans overwhelmingly support. the president won this election fair and square. american voters are clear on the mandate and support an increase in tax rates to balance this budget. >> that is not true. for the bush tax cuts to expire and top 2 percent even most generous estimate that is $90 billion more in revenue. not $1.6 trillion more in revenue even over ten years. even if you accept that larger number, the deficit is $1.5 trillion so, even if the republicans raise the you are giving $90 billion. where are you going to get the rest of it? it will have to come from entitlement reform and meaning spending cuts. >> it's comin
three-ring conservative circus. white house aides and john boehner's staff have pretty much shut down public communication about the financial cliff talks. yesterday an embarrassing stunt by the senate republican leader mitch mcconnell on the floor of the senate. at boehner's request senate leaders and representative nancy pelosi have been excluded from talks leaving it to boehner and obama to make a deal. though boehner spokesman michael steele tells us this morning if we're going to solve this problem every congressional leader and more importantly the white house have all important roles to play. the fact is we've heard this same thing. and that is that pelosi and the senate leaders are not in the room at first. they'll be brought in when boehner and the white house are close. mann while, back to the debt ceiling. the new republicans' main point of leverage n. a rare misstep, mcconnell may have taken some of that leverage away in a move that ended with mcconnell filibustering himself. the president doesn't have enough democratic support, mcconnell moved to vote to permanently give
speaker john boehner calling the president's proposal essentially a waste of time. >> i was flabbergasted. >> we've the got seven weeks between election day and the end of the year, and three of those weeks have been wasted. >> steve centanni kicks off our college tonight from washington d.c. steve, where exactly do we stand tonight? >> well, harris, democrats are hoping republicans to raise taxes on the wealthy and the republicans are accusing the white house of wasting time. and saying that he didn't have a serious proposal when he reintroduced a plan to reduce 4 trillion dollars. >> the president asking for 1.6 trillion dollars worth of new revenue over ten years, twice as much as he's been asking for in public. his system spending in here that exceeded the amount of new cuts that he was willing to consider. it was not a serious offer. >> but so far it's the only white house offer on the table, a starting point for further negotiations, one would assume, harris? >> not to sound pessimistic, but it's a fact, even if he reached a deal tonight, it would tough to meet that deadline by the
republican front man house speaker john boehner is sending the white house a message that the president's no more mr. nice guy approach is the wrong approach. >> i think they won the election, must have foregotten republicans continue told the majority in house to. but, the president's idea of a negotiation is roll over and do what i ask. we need to find common ground and we need to find it quickly. >> top republicans used words like stalemate and nowhere to go describe the current state of play. others within their party are taking it one step further telling americans they should be prepared for the punch. >> i thank the president and tim geithner for re-energizing the republican caucus. >> i think we're going over the cliff. it's pretty clear to me they made a political calculation. >> with both sides looking like they are dig in but cementing in and the calendar page ticking down what does it take to play let's make a deal. >> let's see how big yours is versus mine in the earnings of their plans. >> everybody should just go to sleep, wake up on december 14th when there's about a wee
to the white house today, speaker of the house john boehner rejected the president's approach, writing that republicans cannot in good conscience agree to this approach which is neither balanced nor realistic. his counter-offer, save $2.2 trillion by among other things raising $800 billion in new revenues. the plan would also raise the future eligibility age for medicare and alter medicaid to save another $600 billion. the republican plan would not increase tax rates for the wealthy. the president is campaigning for his plan, taking questions on twitter today, and releasing this new web video. >> under my plan, first of all, 98% of folks who make less than $250,000, you wouldn't see your income taxes go up a single dime. all right? because you're the ones who need relief. >> ifill: treasury secretary timothy geithner met with congressional leaders last week and pressed the administration's case in a series of talk show appearances this weekend. >> rates are going to have to go up on the wealthiest americans. those rates are going to have to go up. >> there's no possibility that we're g
. of course, some of them will be meeting with house speaker john boehner and senate majority leader harry reid. so the hope is they will put pressure on their lawmakers from their states to get a deal done. but also this is a chance for these governors to talk about the fact that what happens here with this fiscal cliff will have some real consequences, that we're not just talking about sort of these ambiguous numbers but it will impact them and why does it impact them? because according to a pew report, a third of the revenue of states comes from federal grants, and so states -- >> hey, dan, you're not going to believe this. just as you're speaking live, i'm only going to interrupt you for the governors themselves. let's listen in. >> governor beebe of arkansas, we are three democrats and three republicans. we just had what i would say was a very good meeting with the president. we came in part to make sure that the voices and the issues that we face as governors in the states are heard and are considered as part of the discussions going on here in washington. the president was very open
that has a pen that can sign that, and it's something that john boehner has to take to the floor of the house and get past the floor of the house. the house is under republican control, so the president ought to be working with john boehner to find a solution that the house can pass and the president will sign if the president really was interested in signing it. the ridiculous offer by tim geithner really showed how completely unwilling this president is to look for a solution. >> well, i think no member of the house or the senate or the president should go on vacation before you've handled this. >> i think he has a vacation already planned. >> i know he does, but you know what? you guys have had a year and a half of knowing this problem exists, that everyone took off all the fall. the president and everybody ran for office who was up for office took off the entire fall. we paid all your salaries, and you didn't work, and now you've got this deadline of january 1, and you all think -- not sorry you, but you think you can take these expensive vacations or not expensive or take va
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